Nigerian Stock Stock

The Nigerian Stock Exchange (NSE) crashed in today’s trading session, following profit-taking by investors and heightened risk due to the shift of the country’s general elections earlier billed for last Saturday.  

The All Share Index ended today’s trading session at 32,190.07 basis points, down 1.61%. Year to date, the index is down 2.4%, essentially shedding.

Top Gainers and Losers 

Presco Plc was the best performing stock today. The stock gained 10% to close at N72.6. Beta Glass Plc was next, appreciating by 9.27% to close at N79. CAP Plc rounds up the top three gainers, appreciating by 6.92% to close at N34.  

On the flip side, Transcorp Plc was the worst performing stock today, shedding 9.94% to close at N1.54. C&I Leasing Plc shed 9.82% to close at N6.61, down 9.82%. Livestock Feeds Plc shed 9.72% to close at N0.65.  

Top Trades by Volume  

Access Bank Plc was the most actively traded stock today. 25.3 million shares valued at N160 million were traded in 283 deals. Chams Plc was next with 21.7 million shares valued at N4.3 million were traded in 17 deals. UBA Plc rounds up the top three most actively traded stock with 20.4 million shares valued at N157 million traded in 282 deals.

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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